On May 13, 2026, Morocco's House of Representatives rejected an opposition amendment that would have required real estate developers to set aside 20% of the value of their development works as a guarantee for buyers. The amendment was proposed during a heated debate on a new real estate law aimed at regulating the sector.
The opposition groups argued that the measure was necessary to protect buyers from unfinished projects or financial defaults by developers. They cited numerous cases where buyers lost their investments due to incomplete developments or bankruptcies.
The government majority opposed the amendment, stating that it would increase costs for developers and potentially slow down the real estate market. Instead, they proposed alternative mechanisms to ensure buyer protection, such as mandatory insurance or escrow accounts, though details were not specified.
The rejection has sparked criticism from consumer protection groups, who argue that buyers remain vulnerable in a market where delays and non-delivery are common. The final version of the law is expected to be voted on in the coming weeks.
